Summit's Aziz Khan denies issuing power of attorney
According to the reports, the ACC said Azad had a Power of Attorney “to transfer the immovable assets in Bangladesh of Summit Group Chairman Muhammed Aziz Khan.”, which Khan denies.
Summit Group Chairman, Muhammed Aziz Khan, has issued a denial on Facebook in response to media reports claiming he granted a Power of Attorney (PoA) authorizing the transfer of his immovable assets in Bangladesh.
On May 20, 2025, some newspapers and TV channels said that a Dhaka judge, Md Zakir Hossain Galib, blocked the National ID and placed a travel ban on Md Abul Kalam Azad. The Anti-Corruption Commission (ACC) had asked the judge to do this. According to the reports, the ACC said Azad had a Power of Attorney "to transfer the immovable assets in Bangladesh of Summit Group Chairman Muhammed Aziz Khan."
But Khan says that is false. "If the ACC has made this statement to the court, then it is entirely false and misleading. No power of attorney has yet been given to anyone," his office said in a statement.
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Khan explained that a PoA was sent to the Bangladesh High Commission in Singapore on April 29, 2025, for attestation (official approval). But it has not been returned yet. "The PoA is still under process in the Bangladesh High Commission in Singapore," the statement said.
Khan said he was told by lawyers that the PoA was needed "to give authority to be able to appear and represent Muhammed Aziz Khan in front of a court of law of Bangladesh." The reason given was to try and unfreeze his personal bank accounts, which were frozen on October 6, 2024, by a judge in Dhaka. Khan says that action was unfair, in his Facebook post.
He also said the PoA does not allow anyone to sell or transfer his property. "The PoA under attestation process specifically states that it is 'NOT APPLICABLE' for the sale of immovable property. The PoA specifically carved out the rights in relation to sale of property in Section 7 of the format," his office said.
Md Abul Kalam Azad, the person named in the reports, is an officer at Summit Group. Khan believes the case against him was made just to cause stress. "We believe this case has been filed and order given for harassment and aimed at causing maximal distress to an employee of the Company," the statement added.
Since the PoA is still not approved or returned, Khan says there is no legal document that gives anyone the right to act on his behalf. Any claims that say otherwise are not true.
